Women are also worse off than men, with 27 per cent admitting they don't have enough compared to 18 per cent of men.
Millions of Australians could be too poor to support themselves when they stop working after a survey found 23 per cent of respondents don't have enough saved for when they retire.Millions of Australians could be too poor to support themselves when they stop working after a survey found 23 per cent of respondents don't have enough saved for when they retire.
Only 28 per cent of those surveyed believed they had enough funds to retire through their super or through investments. "It can be a sad case of too little too late for many who realise that by the time they reach retirement age, their super balance will fall well short of the amount of money they will need," Megginson said.She said there were simple ways to save more money like consolidating your funds or looking into making voluntary contributions, potentially through salary sacrifice.
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